Category: Economy&Finance
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The Mukuru social housing project in Nairobi. As the Kenya Kwanza Government marks its 3rd anniversary since taking over the leadership mantle, the Affordable Housing Programme (AHP) remains one of the key achievements realised under the Bottom-Up Transformational Economic Agenda (BETA). “Through this program, we have revitalized local area economies through jobs created in the…
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Kiharu Member of Parliament Ndindi Nyoro, is a wealthy politician and businessman who has built his businesses from scratch. He is one of the largest individual shareholders at the Kenya Power and Lighting Company (KPLC). Speaking during a meeting with African American investors on July 3, the legislators revealed that he had made a profit…
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The family of Kenya’s first president, the late Mzee Jomo Kenyatta, led by former president Uhuru Kenyatta is known for investments spanning nearly every sector. Throughout the years, the family has been considered one of the wealthiest, with multimillion investments in banking, dairy processing, insurance, media, real estate, and agriculture sectors, among others. One of…
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Before he started poultry farming in 2018, Andrew Makatiani, who resides in Musonga village in Lurambi, Kakamega County, worked as a scriptwriter for secondary school dramas. Script writing was, however, not well-paying, prompting Andrew to try his hand at something else. He settled on poultry farming after earning Sh5,000 from the sale of 25 chicks.…
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Daikin Airconditioning India Pvt. Ltd. (DAIPL), the fully owned subsidiary of Daikin Industries Ltd., Japan & the market leader in the air-conditioning market in India today inaugurated its new office in Nairobi. The new office space is located on the 8th Floor, One Africa Place, Nairobi, Kenya. The new office mirrors the company’s commitment to the potential of Africa…
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NCBA rolls out flexible financing for PSV SACCOs and members with higher limits and longer tenors NCBA has today unveiled enhanced Public Service Vehicle (PSV) Asset Finance terms, reaffirming its commitment to supporting Kenya’s vibrant transport sector. The new package is tailored to empower PSV SACCOs, established transport companies, and individual SACCO members with competitive,…
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Michael Mwangi, a man from Kenya, had watched his entire world collapse after going bankrupt. Auctioneers came and stripped away everything he had worked for over the years, leaving him broken and hopeless. With no other way to provide for his family, he turned to b’ett!ng, clinging to the hope that maybe, just maybe, it…
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Simon Kariuki, a successful Nairobi businessman, carried a hidden weakness—he couldn’t resist the thrill of B’etting. Over time, he convinced himself that he had cracked the code to b’ett!ng, turning it into his personal goldmine. His expensive tastes were funded by his winnings: cruising in high-end cars, indulging in five-star dinners, and even renting an…
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How the current Kenyan government is transforming the whole sports ecosystem in the country following the recent CHAN 2024 success. Say whatever you want about the current Kenyan government, but compared to previous regimes, they deserve their flowers for the renewed investment in sports—something this country has not witnessed for at least two generations. Before…
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Kenya is set for a historic maize harvest of 70 million (90kg) bags in 2025, up from 67 million in 2024 and more than double the 34.3 million bags recorded in 2022. To secure national food security and stabilize markets, the Government has announced plans to restock the National Strategic Food Reserve by purchasing directly…